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studies at johns hopkins university. he served in the obama administration's state department focusing on afghanistan and pakistan. gentlemen, thank you both for being with us. vali nasr, let me start with you. general dempsey, we heard him say this is a very serious threat to the war effort. we know that secretary panetta, in addition to what we just heard him say, also called this the last gasp of a dying insurgency. who is right? >> well, the taliban have been under pressure for some time, but they are proving to be very entrepreneurial and effective in carrying out new ways of attack. they're trying to send a message to the afghan people that they still have fight in them, that they have momentum on their side. i think the fact that these attacks continue and we see more and more americans and foreign troops die and there is audacious attacks on bases, the result does worry the afghan population that the taliban has still got a lot of energy at the same time we're telling the afghan population that we are ready to leave. >> woodruff: hodo you see this? which is it? >> i think it ca
their fingers. it is the sort of irrational, angry behavior that obama detests more than anything. >> in your book, you are right in a very disspiriting way about the high wire negotiations over the debt ceiling last summer. if the price of politics this function? >> there is a lot of this function in all of this, but what has happened this, the united states has 16 trillion dollars in outstanding ious in the world, and we are spending a trillion dollars more each year than we have. so we have to go into the debt market regularly, and it puts everything in jeopardy, in peril. the treasury secretary, tim geithner, here in the u.s., is running around hollering fire. we've got to do something about this. the simple fact is that the politicians have not been willing to come up with a plan that would involve paying for republicans and democrats, something that is a compromise. so we head into this election with the financial house that is not in order. >> you are very clear in this book that this president, unlike previous presidents, has not worked his will. what are the consequences of that? >>
between the white house and china over trade. the obama administration complains about new trade abuses on auto exports, china fires back on unfair trade practices by the u.s. from stocks to oil and gold prices, we get the outlook for what to expect between now and the end of the year. and a birthday for "occupy wall street". while protests and arrests mark the movement's first anniversary, a look at what it's accomplished. that and more tonight on "n.b.r."! trade tensions between the united states and china are heating up again. this morning, the two countries challenged each other in the world trade organization. the u.s. is accusing china of illegally subsidizing auto and auto parts exports, and hurting u.s. made goods. and china claims trade laws here, open the door for illegal tariffs on a wide range of chinese products. sylvia hall breaks down what's behind the latest flareup. >> reporter: here in the u.s., the auto and auto parts industries employ about 800,000 american workers. the government says those workers are hurt by the money china gives to subsidize its own auto industry
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